@peterluca
@Haydn24 - only took me about 5mins to find this info on the net regarding 'Wyckoff' distribution.
I am fully aware that you do not believe in TA, but imo if you are into this stock for the long haul it may be to your financial gain/advantage to look into the stuff we follow . Like why ask us for our opinion if you do not believe us when we suggest these 'weakness' phases are potentially building or on the cards.. It seems that most hear only want to listen to TA when we suggest something positive. sounds a little strange to me. that 'Dark Cloud Cover' short setup is now in the money by 18cents ... that's a big 18cents that could have been protected by possibly 'hedging' your portfolio etc. If we look at that DCC setup in Wyckoff terms, its an upthrust after distribution. NOW today was obviously a SOW (sign of weakness), if this is 'all over red rover', keep an eye out for your LPSY... easy isn't when these guys leave a footprint for us dumb chartists to follow. when they do that we can quite accurately plan and forecast ahead of time. have provided a link for anyone interested in this 'crystal ball' stuff. it explains the references on the below chart. AJX is just another stock in the market place and it will be treated like any other up and coming. It will be played by the big boys, dumped, pumped and for most of the time it will seem lifeless, but if one understands which phase one is possibly in, it certainly can aid ones 'long term' aspirations.
lastly, what or how in the FA world indicated this was in the planning .. not that I'm interested but it may evoke a tad of thought amongst the curious.
the mid section explains it all....
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I think it is all over and it will be at 40c in the not too distant future. You could take this chart along with the charts of many others and remove the tickers/names. Nobody would know which is a mining stock and which is from another sector.
